INSEAD-Day

President Kais Saied

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.
  • In the message sent on Sunday evening, the bank's outgoing President David Malpass said Saied's tirade had triggered "racially motivated harassment and even violence," and that the institution had postponed a planned meeting involving Tunisia until further notice. Hundreds of migrants have flown home from Tunisia, fearful of a wave...
  • Tunisia decree sets 5 years jail for ‘fake news’

    The decree, published in the Official Journal, defines the offence as "deliberating using communication networks and information systems to produce, promote, publish or send false information or rumours". It comes 14 months after Saied orchestrated a power grab and purportedly seeks to hold to account those who "bring harm to...
  • Tunisians firmly backed new constitution: final results

    Voters overwhelmingly approved the new constitution, the electoral board said, officially announcing definitive results from the July 25 poll. The charter was approved by just over 2.6 million people, the board's president Farouk Bouasker told reporters. Turnout was considered very low at 30.5 percent..
  • Tunisia approves new constitution in vote with low turnout

    Tunisia has approved a new constitution granting unchecked powers to the office of President Kais Saied, the electoral board said, after a poorly attended referendum in which voters overwhelmingly backed the document. Saied's rivals accused the electoral board controlled by Saied of "fraud" and said his referendum, held Monday, had...
  • Saied supporters welcome vote on Tunisia constitution

    Its detractors say Tunisia's draft constitution will give President Kais Saied unchecked powers, but for voter Baya, that's a welcome break from the country's old political elite. "They were in power for 10 years and did nothing. Let this man do his job!" the 54-year-old said after voting in a...
  • Tunisia’s Kais Saied: saviour or autocrat-in-waiting

    On Monday, Tunisians will vote in a landmark referendum that could install a vastly different system: one that bears the hallmarks of the 64-year-old's philosophy.
  • Tunisia to vote on constitution seen as threat to democracy

    Tunisians will vote Monday on a constitution that would give President Kais Saied almost unchecked powers, a key moment in his plan to overhaul the political system in the birthplace of the Arab Spring. The referendum takes place a year to the day after Saied sacked the government and suspended...
  • Tunisia freezes bank accounts of Ghannouchi, opposition figures

    A Tunisian court on Tuesday froze the bank accounts of several key opponents to President Kais Saied, including Rached Ghannouchi, head of the Islamist-inspired Ennahdha party. The Tunisian Financial Analysis Committee issued a statement informing banks they must "immediately implement the ruling from the investigating judge of the anti-terrorism pole".
  • Tunisia publishes draft constitution ahead of July vote

    Tunisia on Thursday published the draft of a new constitution giving vastly more powers to the president, a text set to go to referendum on July 25, a year after President Kais Saied's dramatic power grab. The new draft was published on Thursday evening in the official journal, less than...
  • Tunisia ex-PM Hamadi Jebali arrested: lawyer

    Tunisian police on Thursday arrested former prime minister Hamadi Jebali, an ex-senior figure in the Ennahdha party which is the nemesis of current President Kais Saied, Jebali's lawyer said. He could not say why Jebali was detained. For more than a month, Jebali has been under investigation over activities at...
  • Tunisia’s President Kais Saied sacks 57 judges, tightens grip on courts

    Tunisian President Kais Saied on Thursday sacked 57 judges accused of corruption and other crimes, after passing a new law strengthening his grip on the judiciary. Saied, who has steadily extended his powers since he sacked the government and suspended parliament last July, issued a decree late on Wednesday allowing...
  • Tunisia probes leaked ‘presidential aide’ recordings

    Prosecutors in Tunisia have opened an investigation to determine the authenticity of recorded conversations purported to involve a former top aide criticising President Kais Saied, Tunisian media said Wednesday. The 11 recordings, widely shared and debated since the first leaks on Friday, allegedly feature Nadia Akacha, who was Saied's chief...
  • Tunisians snub online poll on reforms as inflation and unemployment bite

    The online questionnaire was launched in January, more than half a year after President Kais Saied sacked the government, froze parliament and seized near-total power in a decisive blow against the country's political elite.
  • Tunisians fear more economic pain as IMF talks loom

    Every day at the family grocery stall in a Tunis market, Bilel Jani sees the reality of a biting economic crisis, which for many has overshadowed Tunisia's latest political turmoil. "People here are poor," he said, handing a meagre bag of olives to a customer. "Most of our customers are...
  • Tunisians defy ban on gatherings to protest against president in capital

    As the country marks 11 years since the late dictator Zine El Abidine Ben Ali fled into exile, police deployed heavily in central Tunis to counter anti-Saied rallies calling for an end to his "coup". The protesters had gathered despite restrictions on gatherings imposed on Thursday as coronavirus cases surge...
  • Tunisia’s Saied reinforces presidential powers

    Under the current system, most of the executive power was in the hands of the government and the measures announced by Saied clearly tip the balance in favour of the presidency.
  • Tunisian president takeover sparks fears for freedoms

    Several politicians, businessmen and judges, as well as members of parliament have said they were banned from travelling abroad or put under house arrest without prior warning. Sacking of the government on Jul 25 sparked uncertainties for Tunisia, where the Arab Spring began a decade ago.
  • Tunisian presidency fires head of national television channel

    Earlier, president Kais Saied has suspended parliament and sacked the prime minister in what opponents have labelled a coup.
  • Arab countries pledge help as Tunisia faces Covid surge

    President Kais Saied has said that Saudi Arabia, Libya,  Kuwait, Turkey and Algeria have also pledged to help Tunisia is currently battling a fresh wave of infections after successfully containing the virus following its outbreak last year As the spike in Covid-19 cases in Tunisia leads to a highest death...